Overview

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Est.

1994

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Place of Promise Inc is a nonprofit organization focused on providing a residence and integrated supportive services to help individuals realize their maximum potential in physical, mental, and spiritual aspects. With an operating budget of $509.2K and total revenue of $709.8K for the filing year 2025, the organization demonstrates a robust financial scale, although it does not publicly disclose its top funders. The organization operates within the cause area of Christianity, emphasizing community support and personal development.

Mission Statement

PROVIDE A RESIDENCE AND INTEGRATED SUPPORTIVE SERVICES WITHIN COMMUNITY TO HELP EACH INDIVIDUAL REALIZE THEIR MAXIMUM POTENTIAL - PHYSICAL, MENTAL, AND SPIRITUAL.
Revenues
$709.8K
Expenses
$509.2K
Net Income:
+$200.5K
Assets
$2M
Liabilities
$17.3K
Net Assets:
+$2M
Operating Budget
$509.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$15K
Largest grant received
$123K
E
Elizabeth Kidd
Board Member
J
Jacob Alexander
Board Member
C
Claire Gagnon
Board Member

Frequently Asked Questions

What is PLACE OF PROMISE INC’s budget?
In 2025, PLACE OF PROMISE INC reported an annual operating budget of around $509 thousand. More detailed financial information is available to registered users.
What causes does PLACE OF PROMISE INC support?
PLACE OF PROMISE INC supports work in Christianity.
Where does PLACE OF PROMISE INC operate?
PLACE OF PROMISE INC is headquartered in Lowell, MA.
Who funded PLACE OF PROMISE INC recently?
In 2025, PLACE OF PROMISE INC received grants from MASSACHUSETTS SOCIETY FOR AIDING DISCHARGED PRISONERS, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and NATL CHRISTIAN CHARITABLE FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant PLACE OF PROMISE INC received in 2024?
The largest grant to PLACE OF PROMISE INC in 2024 exceeds $123 thousand.